Economic development: other; state convention facility development act; amend to reflect elimination of the Michigan strategic fund. Amends sec. 10 of 1985 PA 106 (MCL 207.630). TIE BAR WITH: SB 0631'25

SB 649 amends Michigan's State Convention Facility Development Act to eliminate the Michigan Strategic Fund as a recipient of convention fund distributions. It removes a specific provision that previously allocated up to $4 million (for fiscal year 2021) to the Michigan Strategic Fund for pandemic-impacted convention centers. The bill maintains other distribution mechanisms, including annual payments to metropolitan authorities for convention facility operations and county allocations based on liquor tax collections. These changes directly affect convention centers, local governments, and metropolitan authorities managing convention facilities. The amendment reflects updated funding priorities for the convention facility development fund.